MARIFIL MINES LTD. (TSX VENTURE:MFM) reported that Castillian Resources Corp. has terminated its agreement with Marifil and provided the Company with a NI 43-101 report on the property.
Thestreet.com reported on Nickel Price Rise Driven by Steel Demand:
Western Areas NL (TSX:WSA)(ASX:WSA) reported that March Q 2010 was an outstanding quarter with success in all areas of the Company’s operations. Western Areas is on track to meet the Forrestania Nickel Project mine production targets of 20,000 tpa nickel in CY 2010 and 25,000 tpa nickel in CY 2011.
URSA Major Minerals Incorporated (TSX:UMJ) provideD 2010 production guidance for mining operations at the Company’s Shakespeare Nickel-Copper Mine located 70 km west of Sudbury, Ontario.
Noront Resources Ltd. (TSX VENTURE:NOT) reported that the company has entered into an agreement with Dundee Securities Corporation on behalf of itself and a syndicate of agents including Wellington West Capital Markets Inc. and Genuity Capital Markets under which they have agreed to offer for sale, on a best efforts basis, flow-through common shares of Noront at a price of $1.83 per Flow-Through Share for aggregate gross proceeds of up to $15 million.
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) announced that the company has received notice from the union representing Neves-Corvo employees that they plan a total stoppage of work from May 5, 2010 to May 12, 2010.
PUGET VENTURES INC. (TSX VENTURE:PVS) reported drilling results from its Werner West Zone that the company says solidify the property as an important North American primary cobalt prospect.
Blackstone Ventures Inc. (TSX VENTURE:BLV) announced that the company has completed twelve short diamond drill holes totaling 1,650 metres at its Uma volcanogenic massive sulphide (VMS) project in northern Sweden.
Seekingalpha.com reported that Future or No Future: Siblings Molybdenum and Nickel :
Crown Minerals Inc. (TSX VENTURE:CWM) and Gold Summit Corporation (TSX VENTURE:GSM)reported that they have reached an agreement in principle to combine the two companies on the basis that one (1) Gold Summit share will be exchanged for one and sixty-five hundredths (1.65) Crown shares. Based on the share exchange ratio, the Crown and Gold Summit shareholders will own approximately 58% and 42%, respectively, of the combined common shares outstanding.
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